One iportant thing to keep in mind is that the flashy amenities or upgrades you put into a property are not likely to add THAT much extra to the rent rate since prospective tenants nowadays just use filters when searching and rarely filter based on amenities.As others have mentioned here, there is not an exact science to it but what we've found to work for over 700 properties is that we start at the optimistic end of a range based on comps and then our system tracks number of views on the listings, number of inquiries, showing signups, and applicants.

Reading other threads on BP would have one believe it's nearly impossible nowadays. 

Jon, first off thanks for commenting and sharing your knowledge.jon i just wanted say, when i talk about cash-on-cash return i'm definitely talking about a CoC return with your financing in place (so if i was unclear about this i'm sorry, i just figured everyone would know what i was talking about) jon you are right there are some people that calculate their ROI only from the standpoint of how much money they themselves came out of pocket and don't include financing into the mix, actually the people who do this can make their return look infinite if they actually put NO money into the deal at all.but i say who is the joke on, when you can make yourself look like your getting this huge ROI percentage but are not making no money. so jon when i say what's your CoC return i'm talking about with your financing included.like with a 30% down (its hard nowadays) and a 7% interest rate over 30yrsthis is what me and this gentlemen was talking about, that's why he said i would be crazy looking for 20% CoC return properties with the factors i just stated above. he also said that if their were a property like that out there most investors wouldn't even see it because it'll probably go straight to a company like his in about two seconds.

Anyone can create a site nowadays.

lots of people do wholesaling but I think thats a bit saturated nowadays..  

Nowadays you will just have to work and look harder for them.Back in the day, the 1% deals would fall off tree's in Toledo.It's tougher now for sure.Pick a market and your niche.Look at tertiary markets in the Midwest where there aren't many cowboys in town lolI've always loved Ohio, Michigan and Indiana...Learn the market inside and out.Negotiate hard and have cash to close quick.Be quick.Just bought one not to long ago in a B- class area of Toledo for $40,000, needs around $10,000 in rehab and ARV is $80,000+3 bed, 1 bathRent will be $900pm easy peasy.Wishing you much success

Nowadays I buy almost everything from wholesalers, they have plenty of land that they come across and they try to wholesale.

It's a terrible thing, but nowadays we all have to keep our guard up (Use a LLC to own property or manage, etc, using thorough legal documents, doing everything consistently and by the book, and on and on.) as a lot of people are out to sue and take advantage of others.

Rents re sky high nowadays so it won't be easy for them to find another place. 

Thus another 80 at $4,000 per unit at current market erected prices.80 units at $320,000.